New Indictment In Scheme To Defraud Long Beach Mtg

Joel Blanford, 40, San Ramon, California, with six counts of mail fraud and one count of conspiring to engage in money laundering.

According to the indictment, from approximately April 2003 through October 2005, Blanford participated in a scheme to defraud Long Beach Mortgage, a wholesale subprime lender and former subsidiary of Washington Mutual, Inc. While working as a sales representative for Long Beach Mortgage, he paid a Long …

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Original post by default@goarticles.com (Thomas Iturriaga)

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